HomeSouth CarolinaCherokee CountyGaffney
Gaffney, South Carolina: commercial real estate data.
Gaffney is a Census city of 12,596 people across 9.07 square miles of land, in Cherokee County. Median household income is $41,089, 50.5 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $23.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Gaffney
What Gaffney is
- Census place typecity
- Land area9.07 sq mi
- Water area0.02 sq mi
- Population per square mile of land1,389
- County holding the largest share of its areaCherokee County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gaffney
How many people live in Gaffney
- Population12,596
- Median age31.9
- Population under 182,774
- Share under 1822.0 percent
- Population 65 and over1,982
- Share 65 and over15.7 percent
- Households4,635
- Family households2,466
- Share of households that are families53.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gaffney
Income and work in Gaffney
- Median household income$41,089
- Per capita income$21,994
- Civilian labor force5,317
- Employed4,756
- Unemployed561 plus or minus 187
- Unemployment rate10.6 percent plus or minus 3.4
- Adults 25 and over7,870
- Adults 25 and over with a high school diploma or higher84.5 percent
- Adults 25 and over with a bachelor degree or higher23.1 percent plus or minus 4.8
- Adults 25 and over with a graduate degree9.3 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gaffney
Housing in Gaffney
- Housing units5,384
- Occupied units4,635
- Vacant units749 plus or minus 293
- Vacancy rate13.9 percent plus or minus 5.4
- Owner occupied2,341
- Renter occupied2,294
- Ownership rate50.5 percent
- Median owner-occupied home value$137,700
- Median gross rent, monthly$887
- Annual rent as a share of median income25.9 percent
- Single family units3,616
- Share single family67.2 percent
- Units in buildings of two or more1,662 plus or minus 335
- Share in buildings of two or more30.9 percent
- Mobile homes106 plus or minus 71
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gaffney
How Gaffney gets to work
- Workers 16 and over who commute4,401
- Commuting under 15 minutes2,257
- Share commuting under 15 minutes51.3 percent
- Commuting 30 minutes or more1,128 plus or minus 276
- Share commuting 30 minutes or more25.6 percent plus or minus 5.8
- Drove alone79.4 percent
- Carpooled9.2 percent plus or minus 3.6
- Public transport0.2 percent plus or minus 0.4
- Walked3.3 percent plus or minus 1.9
- Worked from home4.9 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gaffney
SBA loans in Gaffney (7(a))
- Approvals13
- Gross approval$23,706,100
- Average approval$1,823,546
- Median approval$1,850,000
- Largest approval$5,000,000
- Jobs supported164
- Jobs per approval12.6
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more76.9 percent
- Share to franchises61.5 percent
- Distinct lenders11
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Gaffney, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gaffney
SBA loans in Gaffney (504)
- Approvals2
- Gross approval$1,055,000
- Average approval$527,500
- Median approval$527,500
- Largest approval$679,000
- Jobs supported12
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Gaffney, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Gaffney
Flood risk in Gaffney
- NFIP communityCity of Gaffney
- NFIP community number450046
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/16/11
The City of Gaffney participates in the National Flood Insurance Program as community 450046 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cherokee County, not Gaffney
Cherokee County context, not Gaffney figures
- Establishments in Cherokee County935
- Covered employment, Cherokee County18,064
- Average annual pay, Cherokee County$48,261
- Housing units permitted, Cherokee County239
Every figure in this section is published for Cherokee County as a whole and is not a measurement of Gaffney.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Gaffney questions, answered from the record.
How many people live in Gaffney, South Carolina?
12,596, in 4,635 households. Gaffney city covers 9.07 square miles of land, which is 1,389 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Gaffney in?
Cherokee County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Gaffney?
$41,089. The median owner-occupied home is valued at $137,700. Median gross rent is $887 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Gaffney businesses?
13 7(a) approvals totaling $23.7 m since FY2020, across 11 lenders, median approval $1,850,000, plus 2 504 approvals worth $1.1 m since FY2010. These count approvals to borrowers whose address is in Gaffney, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Gaffney borrowers get paid back?
No rate is published for Gaffney. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Gaffney in the National Flood Insurance Program?
Yes. Gaffney appears in the FEMA Community Status Book as Gaffney, city of, community 450046, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Gaffney figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cherokee County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Gaffney.
Is zoning published for Gaffney?
No. Nothing on this page presents parcel level zoning.
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